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3123 SE OLSEN ST Milwaukie, OR $ 489,000
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$ 489,000 Get more info
3123 SE OLSEN ST
$ 489,000
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Open House 2/28 11am - 1pm
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3123 SE OLSEN ST

Milwaukie, OR, 97222
$ 489,000
Bedrooms2 Baths2.0 Sq 1,875

Monthly Estimate*

$ 3,011

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Single Family Home for sale in Milwaukie, OR

for $489,000 with 2 bedrooms and 2 full baths. This 1,875 square foot home was built in 1930 on a lot size of 0.18.

This bright and happy home in coveted Ardenwald has been lovingly maintained and offers everything you need, including a brand-new roof. Beautifully updated custom kitchen, bright living room, large bathroom with a soaking tub and walk-in shower, and a second bedroom, all on the main floor. Upstairs features a lovely primary suite with two closets and a well-appointed bathroom. Custom-built-in woodwork, heated bathroom floors on the main, and ample storage make this house a standout! The living space extends to the gracious covered patio with a gas grill. Lovely, sunny yard with raised beds, irrigation, and built-in drainage. A large 3-car garage/shop offers ample space for all your hobbies and vehicles. Lots of storage options, from the roomy basement to the shop. This house has been a successful vacation rental for several years, thanks to its neighborhood mixed-use zoning (NMU). [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244214]

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Open House

2/28/2026 11:00 AM - 1:00 PM
3/1/2026 12:00 PM - 2:00 PM
3123 SE OLSEN ST Milwaukie, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Single Family Active

Price

$ 489,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 3,489

Style

Bungalow

Lot Size

0.18

Year Built

1930

Town/City

Milwaukie

County/Region

Clackamas

MLS | Web ID

184788884
Features
Interior
Interior Amenities CeilingFan GarageDoorOpener HardwoodFloors HeatedTileFloor SoakingTub TileFloor WasherDryer
Basement FullBasement StorageSpace Unfinished
Total Fireplaces 0
Hot Water Gas
Window Features DoublePaneWindows VinylFrames
Total Bathrooms 2.0
Total Bedrooms 2
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir95Plus Radiant
Cooling CentralAir
Roof Composition
Appliances Dishwasher Disposal FreeStandingGasRange FreeStandingRefrigerator Granite Pantry StainlessSteelAppliance Tile
Zoning NMU
Garage Spaces 3.0
Architectural Style Bungalow
Security Features None
Year Built 1930
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00008538
Waterfront Features Seasonal
Accessibility MainFloorBedroomBath NaturalLighting WalkinShower
County Clackamas
Property Type Residential
HOA N
Subdivision Name ARDENWALD
Full Baths 2
Status Active
Directions West on Olsen St from SE 32nd Ave
High School Milwaukie
City Milwaukie
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ardenwald
Tax Annual Amount 3489.89
Middle/Junior High School Rowe
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 459 BONNIE VIEW ACRES #3 PT LTS 21&22 BLK 5
ADU False
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Exterior
Exterior Amenities CoveredDeck FirePit Garden GasHookup Outbuilding Patio RVBoatStorage ToolShed Workshop Yard
Parking Features Driveway RVAccessParking
Lot Features Seasonal Trees
Water Source PublicWater
Total Parking 3.0
Garage Type Detached ExtraDeep Oversized
Exterior Description Cedar LapSiding
Foundation Details ConcretePerimeter
Building Area Total 1875.0
Lot Size Acres 0.18
Road Surface Type Paved
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Internal Only
Street Number 1 3123
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* Excluded Features
List By
Urban Nest Realty

Broker

britta@urbannestpdx.com

Email

Affordability Calculator

$3,302
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,011
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950214 Elementary School
1949208 Middle School
Milwaukie High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/26/2026$489,000 Listed Price

Map

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3123 SE OLSEN ST, Milwaukie, OR, 97222 is a Single Family Home for sale at $489,000 with 1,875 sqft and a lot size of 0.18. 3123 SE OLSEN ST has 2 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 97222 which is in Milwaukie, OR

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